Although the 85th Texas Legislature will likely be faced with a tight budget, we recommend limiting government spending growth so that there are sufficient funds to reduce the burden of onerous taxes. This section covers Margin Tax, Personal Income Tax, Property Tax-Sales Swap, and Supermajority Requirement to Raise Taxes.
Energy & Environment
D.C. Doesn’t Just Spend Too Much Money, It Spends On The Wrong Things
Can you imagine China, Russia, or Iran spending trillions of dollars to remove any fraction of the carbon dioxide they’re pumping into the air? When corporations — and people — misallocate capital, they tend to suffer. Of course, whether capital is misallocated is sometimes only fully understood after the fullness of time. The People’s Republic...
March 19, 2024